Luna Gold has released the encouraging assay results of 30 further holes from the resource drilling campaign conducted at the Piaba gold deposit in Aurizona.
The company has intersected 12.40 g/t gold over 6.0 m and 4.04 g/t gold over 23.0 m in the hole BRAZD400, 1.69 g/t gold over 71.0 m in the hole BRAZD390 and 12.40 g/t gold over 1.0 m, 7.30 g/t gold over 2.50 m and 3.54 g/t gold over 18.0 m in the hole BRAZD391.
John Blake, CEO and President of Luna Gold, has stated that the company is focusing on concluding the update of NI 43-101 resource during early December. These fresh drilling results are important. These results have additionally expanded the deposit’s strike length outside the reported limits and are continually showing the growth prospective of Aurizona. The company is excited by the continuous positive drilling results and is expecting additional development potential.
Titus Haggan, Luna Gold's VP Exploration, has commented that these encouraging results lead to the 2011 resource update of Aurizona. Currently, the company has outlined the Piaba deposit over a strike of length 3.3 km that stays exposed at depth and along strike. It has begun drilling at the Boa Esperança near the mine target using one reverse circulation drilling rig and two diamond drilling rigs.